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Rubico Inc. ( (RUBI) ) has provided an update.
On November 25, 2025, Rubico Inc. announced the extension of time charter agreements for its two vessels, securing a contracted revenue backlog of $120.8 million. The vessels will earn a gross daily hire rate of $32,850 until January 2027, followed by a rate of $29,990 for the next four years. The agreements also include options for further extensions at increased rates, indicating a stable revenue stream and strengthening the company’s market position in the shipping industry.
More about Rubico Inc.
Rubico Inc. is a global provider of shipping transportation services, specializing in the ownership and operation of modern, fuel-efficient ‘ECO’ tanker vessels. The company operates two Suezmax tankers and is incorporated under the laws of the Republic of the Marshall Islands, with executive offices in Athens, Greece. Its common shares are traded on the Nasdaq Capital Market under the symbol ‘RUBI’.
Average Trading Volume: 25,677,136
For detailed information about RUBI stock, go to TipRanks’ Stock Analysis page.